Adam Levine / Barron's Online:
AppLovin Q2: revenue up 77% YoY to $1.26B, vs. $1.22B est., adjusted EBITDA up 99% YoY to $1.02B, and forecasts Q3 revenue above est.; APP drops 5%+ after hours — Digital advertising company AppLovin reported Wednesday afternoon that it beat second-quarter earnings expectations.
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